Long

Updated

Wave III is probably too large

Hey guys and girls,
Here is an updated chart from my (Feb 29, 2024) post.

Preamble:
Several months ago when I said "stand-pat" I said it for a purpose and my purpose is right here now,

(all targets have been achieved)

The market is trying to tell us something!
As shown on this chart, Wave III is a fairly clear five (BTC is completing the fifth wave ((5)) of the third leg III of a 5-wave rally )

The Grand Super cycle from 2019 :

Wave ((3)) > 161.8% of wave ((1))
Wave ((5)) > 261.8% of wave ((1)) ----> Wave III is probably too large!

As a result, wave III is still not complete!
So
there's only one thing to do!

Appendix:
Further updates to follow 👇

Note

$ 92749

Note

Update

Wave 4 :)

Note

BTC

Note

BTC- Trade Plan No. (6)

Nov 13, 2024

Note

Top Assets by Market Cap

Bitcoin is now exactly half the size of Nvidia in market value

Note

BTC- Update

Note

BTC- Update

Note

Lesser degree: Wave C (ZigZag)

Note

BTC- Continuation Pattern

Note

BTC

Note

BTC

we will see

Trade active

Note

BTC- Update!

Wave 4 --- > $ 83.5k (-15%)

Note

whale alert:

🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 2,293 #BTC (224,263,430 USD) transferred from unknown wallet to Coinbase Institutional

Note

BTC, $ 96800

Wave 4 --- > $ 83.5k (-15%)

Note

BTC, $ 95900

Target = $ 83.5k (-15%)

Note

BTC- Do you see what I see?

Note

BTC

Note

BTC- Elliott Waves

Note

BTC

Note

BTC- what happens when a false breakout occurs?

Mar 14, 2021 (60k ---> 50k (-18%))

Nov 22, 2024 (100k)

Note

BTC

Note

BTC- Update

Note

BTC

Note

BTC- Watch out

Note

BTC- time is running out

Note

BTC- Update

Note

BTC- Double Top

Note

7 hours ago, Comment
BTC

Note

BTC- sell signal ($ 97600)

Note

BTC- Update (Daily time frame)

Note

BTC- Update (Daily time frame)

Note

BTC- Update

Note

How low will bitcoin go?

Note

BTC- medium term (Update)

We will see

Note

BTC

The Bull-trap is set

Note

BTC

Note

BTC- You are here

Note

BTC- Update :)

Note

BTC- head and shoulders pattern ($ 95860)

Note

BTC- Bearish

Note

BTC

I told you so!

Note

BTC- medium term (Update)

Note

BTC

$ 94525

Any word from Saylor?

Note

BTC- Greed kills

Note

yesterday
Note
How low will bitcoin go?

Note

BTC- Update

Note

BTC-

Note

BTC

Note

BTC- Google- Artificial intelligence (AI)

Note

BTC- Bearish

Note

BTC- Elliott Waves

Update

Note

BTC

Note

Market Cap ($)

- 168 000 000 000

Note

BTC

Note

BTC- Update

Note

BTC

are you ready?

Note

BTC

Note

BTC

Note

We will see

Note

BTC-

They will understand soon enough ...

Note

BTC

Note

BTC

Note

BTC- Alternative wave count

Now we need a reasonable retracement amount!

Note

BTC- Bull trap

Note

(typo , $ 2640)

ETH - ---> I sold at $ 3640 (30%)

Note

BTC- simple moving average (SMA)

daily time frame

Note

BTC :)

Note

BTC- (alternative wave count)

Trade Plan
Short-Term overview
Bias: Bearish

Price = $ 95000 (Nov 28, 2024)
Target = $ 87500 (Dec 2, 2024, 20:00)
Stop level = $ 99001

Note

XAU/BTC ratio

Note

BTC- let's see what happens

Note

BTC- they sold at the top

Note

BTC

Note

BTC

$ 97000

Note

XRP

Note

BTC- phony waves!

Note

BTC- phony waves!

Note

BTC

:)

Note

BTC- Update

BTC-XLM

Also on:

Related publications

Alt season is coming

by BTC-XLM

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

BTC-XLM

Also on:

Related publications

Alt season is coming

by BTC-XLM